Autism Disorder and Treatment Market Outlook
As per the MRFR reports, the global autism disorder and treatment market is likely to register a healthy CAGR of over 4.37% during the review timeframe. Autism disorders (ASDs) refer to a disorder developed in a growing stage behavior substantial developmental disability for social communication and challenges in basic behavior. Researchers act, understand, and behave typically differently when going through such a disorder.
The global autism disorder and treatment market has recorded massive growth in recent years. The market’s growth is being driven by the rising government funding & sponsored awareness programs, a growing number of cases, an increased number of electronic gadgets & more health plans, and the growing adoption of assistive technologies utilizing Artificial Intelligence.
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Autism Disorder and Treatment Market Segment Analysis
The global market for autism disorder and treatment has been fragmented into several segments based on treatment type, deployment, treatment, and region.
The global market for autism disorder and treatment is split into pervasive development disorder, disintegrative disorder, autistic disorder, Asperger syndrome, and others based on treatment type.
Based on deployment, the autism disorder and treatment market is divided into occupation therapy, speech and language therapy, applied behavior analysis (ABA), and communication and behavioral therapies.
By treatment, the global market for autism disorder and treatment is bifurcated into sleep medication, SSRIs, drug therapies, stimulants, and antipsychotic drugs.
Autism Disorder and Treatment Market Regional Insights
The global autism disorder and treatment market is studied across four major regions, including the Middle East & Africa, Asia-Pacific, Europe, and the Americas.
The MRFR report suggests that the Americas region will likely dominate the global autism disorder and treatment market. The region is further divided into South America and North America. The North American region has the maximum number of cases. The anticipated release of antipsychotics like Namenda and Latuda is likely to generate revenues across the region.
The European region will likely secure the second position in the global autism disorder and treatment market.
The Asia-Pacific regional market for autism disorder and treatment is projected to record the highest growth over the forecasted era.
The Middle East & African region is anticipated to register moderate growth over the forecasted era.
Autism Disorder and Treatment Market Competitive Analysis
The global market for autism disorder and treatment has a strong and competitive landscape. The players across the market are focusing on growing their market presence by implementing numerous growth policies such as acquisitions, mergers, and partnerships. The list of leading players in the global autism disorder and treatment market includes Saniona AB, Heptares Therapeutics Coronis Partners Ltd., Limited, Bristol-Myers Squibb, Novartis AG, Teva Pharmaceutical Industries Ltd., Allergan, Pfizer Inc., Intra-Cellular Therapies Inc., Curemark LLC, Otsuka Holdings Co., Ltd., Johnson & Johnson Services, Inc. Concern Pharma Private Limited, Merck & CO Inc., Eli Lilly and Company, and a few others.
Axial Therapeutics, a prominent biotechnology company, has announced the finishing of the dosing of the first participants in an international Phase IIb clinical trial of AB-2004, a gut-targeted molecular therapy, for the treatment of irritability linked with autism spectrum disorder (ASD). The placebo-controlled, randomized, double-blind study will examine the therapy to reduce irritability. AB-2004 focuses on the microbiome-gut-brain axis and its autism part.
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The behavioral health division of Magellan Health, Inc., Magellan Healthcare, has introduced a pilot in partnership with Invo Healthcare to set standards of care for children with autism spectrum disorder (ASD), undertaking applied behavior analysis (ABA) treatment. The partnership is an innovative value-based care (VBC) model developed to set the benchmark for ABA treatment and measure progress against them. The model will help suppliers offer better care, enhancing results for children with ASD and those who care for them.
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